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Boreal Ventures

3 Place Ville Marie, Office 12350, Montréal, QC, H3B 0E7, Canada

Overview

Venture capital firm investing in science-based startups and innovations.

Founded

2021

Deals · 12mo

4

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

Canada
Spain

Sector focus

Venture Capital

Investment portfolio

14rounds
NAMEDATESIZE
Paraito
Jul 2026Participated
$2 MSeed
Pricepoint
Jun 2026Participated
$7 MSeed
SmartD Technologies
Apr 2026Participated
$11 MOther Equity
Femtum
Mar 2026Participated
$16 MSeries A
FLiiP
Feb 2025Participated
$3 MSeed
SmartD Technologies
Apr 2024Participated
$14 MSeries A
Tokidos
Feb 2024Participated
$1 MSeed
Palisade
Jan 2024Led
$1 MSeed
Femtum
Jan 2024Participated
$4 MSeed
Kento Health
Oct 2023Led
$3 MSeed
Flojoy
Aug 2023Participated
$1 MSeed
Perceiv AI
Dec 2022Participated
$2 MOther Equity
Paraito
Jul 2026Participated
$2 MSeed
Pricepoint
Jun 2026Participated
$7 MSeed
SmartD Technologies
Apr 2026Participated
$11 MOther Equity
Femtum
Mar 2026Participated
$16 MSeries A
FLiiP
Feb 2025Participated
$3 MSeed
SmartD Technologies
Apr 2024Participated
$14 MSeries A
Tokidos
Feb 2024Participated
$1 MSeed
Palisade
Jan 2024Led
$1 MSeed
Femtum
Jan 2024Participated
$4 MSeed
Kento Health
Oct 2023Led
$3 MSeed
Flojoy
Aug 2023Participated
$1 MSeed
Perceiv AI
Dec 2022Participated
$2 MOther Equity
14
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Boreal Ventures: 14 funding rounds are recorded in the selected participation categories.All available history.
Boreal Ventures: 14 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed46
Series A02
Other Equity02

Monthly Deal Activity

Boreal Ventures: 14 deals are recorded across 62 months.All available history.
Boreal Ventures: 14 deals are recorded across 62 months. All available history
MonthDeals
Sep '211
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '230
Oct '231
Nov '230
Dec '230
Jan '242
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '261
May '260
Jun '261
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Boreal Ventures: Space & Frontier Tech is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Boreal Ventures: Space & Frontier Tech is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Space & Frontier Tech5
Manufacturing4
Hardware & Robotics3
Health & Life Sciences3
AI & Machine Learning3
Networks, Cloud & Communication2
Enterprise Software2
Professional Services2
Clean Energy & Sustainability2
Developer Tools2
Data, Analytics & IT1

Deal Size Distribution

Boreal Ventures: 14 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Boreal Ventures: 14 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M9
$5M-$10M2
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Boreal Ventures: Canada has the largest recorded deal count among the displayed regions (13 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Boreal Ventures: Canada has the largest recorded deal count among the displayed regions (13 deals). All available history
RegionDeals
Canada13
Europe1
Boreal Ventures: 20 co-investors are shown, with Investissement Québec sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Boreal Ventures: 20 co-investors are shown, with Investissement Québec sharing 6 recorded deals. All available history
Co-investorShared deals
Investissement Québec6
AQC Capital2
Desjardins Capital2
Hamamatsu Photonics2
Hammond Power Solutions2
i4 Capital2
Quantacet2
SE Ventures2
Anges Québec1
BDC1
BDC Capital1
Bluesky Equities1
Brightspark Ventures1
Broom Ventures1
Cathay Venture1
Centre for Aging + Brain Health Innovation1
Cultivation Capital1
ELAS Technology Investment1
EUREKA! Venture SGR1
Flybridge Capital Partners1

Investment Strategy

Boreal Ventures: Led accounts for 29% and participating for 71% of round participation.All available history.
Boreal Ventures: Led accounts for 29% and participating for 71% of round participation. All available history
CategoryDeals (count)Share (%)
Led429%
Participating1071%
Boreal Ventures: Single-lead accounts for 25% and co-led for 75% of lead dynamics.All available history.
Boreal Ventures: Single-lead accounts for 25% and co-led for 75% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead125%
Co-led375%

Team

David Charbonneau

Managing Partner

Etienne Crevier

Head of Venture Partner

JD Saint-Martin